Netflix Raising Prices Again

Variety:

Under the new pricing, effective March 26 for new users and rolling out to current customers depending on their billing cycle, Netflix’s Standard plan (which has no ads and provides streaming on two devices simultaneously) is rising by $2, from $17.99 to $19.99/month. The ad-supported plan is going up a buck, from $7.99 to $8.99/month, and the top-tier Premium plan (no ads, streaming on up to four devices at once, Ultra HD and HDR) is increasing from $24.99 to $26.99/month.

Red Hot Chili Peppers Documentary Coming to Netflix

Red Hot Chili Peppers

Variety:

Netflix is spicing up its documentary slate with a new film about the Red Hot Chili Peppers, set to premiere on March 20.

Directed by Ben Feldman (“Bug Out,” “Rich & Shameless”), “The Rise of the Red Hot Chili Peppers” examines the gritty, formative years of the Los Angeles band, and the influence of original guitarist Hillel Slovak, who died in 1988. The film features interviews with bandmates Flea and Anthony Kiedis, as well as others who were close to Slovak, who discuss the band’s early evolution and the deep bond of their childhood friendship.

‘James Bond’ Coming to Netflix

James Bond

Variety:

Twenty-six James Bond films (the 25 Eon joints, plus the prodigal Never Say Never Again) are coming to Netflix this month. The deal was inked last year, with Bond making the streamer jump alongside other MGM films like Legally Blonde, Rocky, and series The Man in the High Castle. Sources told Deadline the movie is a “strategic business decision designed to broaden global reach and reengage audiences.” To put in less business-speak terms, it’s to remind people James Bond exists before Denis Villeneuve’s version comes to theaters.

Netflix Buys Warner Bros. + HBO

Netflix has won a bidding war to purchase Warner Bros., including HBO.

The cash and stock transaction is valued at $27.75 per WBD share (subject to a collar as detailed below), with a total enterprise value of approximately $82.7 billion (equity value of $72.0 billion). The transaction is expected to close after the previously announced separation of WBD’s Global Networks division, Discovery Global, into a new publicly-traded company, which is now expected to be completed in Q3 2026.

Hayley Williams to Contribute to Netflix Film

Hayley Williams

Hayley Williams will contribute original music to the upcoming Netflix movie The Twits.

Williams added: “Being a part of this movie is like one pinch-me moment after another. My favorite Roald Dahl book growing up was The Twits. I’m drawn to learning about twisted characters like Mr. and Mrs. Twit and The Wormwoods from Matilda. The way Phil and Daisy adapted the original story was really exciting to me, as was the animation style. It feels like a cautionary tale — and also a really lovely depiction of chosen family and community, which is one of my favorite topics. I owe David Byrne for pulling me into the music for this. It was so fun and so surreal starting a song from scratch with him.”